NOT LISTED FOR SALE

723 Ridge Point Dr Corolla, NC 27927

Estimated Value: $431,000 - $841,000

4 Beds
4.5 Baths
2,735 Sq Ft
$254/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $470,000 $172 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,520/month

3 Days on Market

Highlights

  • Community Beach Access
  • Health Club
  • In Ground Pool
  • Ocean View
  • Golf Course Community
  • Gated Community

About This Home

As of February 2021

Ocean and sound views will delight the new owners of this 4-bedroom, 4.5 bath Hammocks home. Complete with game room, pool, hot tub, and garage, “Emerald Isle” has everything needed in a beach getaway or income producer. Enjoy the fantastic views from both the loft bedroom with a Juliette balcony, and the openflow main living area comprised of the comfortable family room with fireplace, dining area, and spacious kitchen with pantry. A sundeck wraps around the southeast corner of this level providing views of the Atlantic Ocean and the incredible OBX sunrise. There is also a large en suite bedroom with its own fireplace and roomy private bath on this level. This bedroom also has a covered porch to relax and enjoy the sound views and the setting sun. An additional en suite bedroom and another guest bedroom are on the ground level. The rec room, a full bath, and laundry can be found on this level also. Convenient dry entry from the garage and a screened porch with a hot tub leading out to the private pool are additional features of the home. If the layout and views are not enough, “Emerald Isle” also enjoys the many resort amenities of the desirable Currituck Club. Community pools, fitness center, the renowned 18-hole Rees Jones golf course and more are all perks available in this gated community. TCC provides concierge service in-season and trolley service as well. The Outer Banks market is hot and a well maintained, attractive home like this with fantastic views will not last long!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 12/05/2020

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 12/05/2020

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2004

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $547 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,735 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Loft
  • Game Room
  • Screened Porch

Kitchen

  • Plumbed For Ice Maker
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water

Listing and Financial Details

  • Tax Lot 24

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, road maintenance, security, tennis courts, walkways
  • Heidi Corsellp Association, Phone Number (252) 453-4011
  • Tcc The Hammocks Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Golf Course Community
  • Health Club
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 2004

Lot Details

0

HOA Fees

$547 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From the main TCC entrance, turn right onto Hunt Club, turn right onto Seafare Dr, bear right around the circle onto Dune Point Rd. Turn right onto Ridge Point- property will be on the right.
  • Extras: Ceiling Fan(s), Hot Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry, Inside Laundry Room
  • Subdivision Name: The Hammocks
  • Headline: Ocean & Sound Views!
  • Heated Sq Ft: 2735
  • L V T Date: 12/05/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: res
  • Advertised Income 2020: 35105
  • Advertised Income 2021: 10110
  • Deed Book Pg Number: 250
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: The Currituck Club
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: Ground
  • Bedroom 3: On Level: Ground
  • Bedroom 4: On Level: 2
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Slab, Short Pilings
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, 1st Flr Ensuite
  • Family Room: On Level: 1
  • Game Room: On Level: Ground
  • Optional Rooms: Foyer, Loft, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Gated Community, Golf Course, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6560
  • Hoa Contact: Heidi Corsellp
  • HOA Contact: 252-453-4011

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 24
  • Deed Book: 968

Rental Info

  • Est Annual Rental Income: 36037
  • Estimated Rental Performance: 0.0767
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Emerald Isle
  • Rental Cottage Number: HK-24
  • Rental Phone Number: 252-453-9650
  • Rental Turnover Day: Sunday
  • Rental Contact Email: Alyssam@vrobx.com
  • Rental Contact Name: Alyssa McDonald

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 2563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Erbe Elliott R and Erbe Kristen A
Bought by
Eker Llc
Current Estimated Value
$695,398

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jan 21, 2021
Sold by
Donahue Thomas and Donahue Sharon
Bought by
Erbe Elliott N and Erbe Kristen A
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$459,000
Sold Price
$470,000
Premium/Discount to List
$11,000
2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$399,500
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Russotto David S and Russotto Laurie R
Bought by
Donahue Thomas and Donahue Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,500
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Eker Llc -- None Listed On Document
Eker Llc -- None Listed On Document
Erbe Elliott N $470,000 None Available
Donahue Thomas $246,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erbe Elliott N $399,500
Previous Owner Donahue Thomas $74,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $470,000 +2.4% $172 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $459,000 -- $168 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,955 $474,900 $90,000 $384,900
2024 $3,955 $474,900 $90,000 $384,900
2023 $3,939 $474,900 $90,000 $384,900
2022 $2,956 $474,900 $90,000 $384,900
2021 $2,951 $416,100 $115,000 $301,100
2020 $2,563 $416,100 $115,000 $301,100
2019 $2,555 $416,100 $115,000 $301,100
2018 $2,555 $416,100 $115,000 $301,100
2017 $2,327 $416,100 $115,000 $301,100
2016 $2,320 $416,100 $115,000 $301,100
2015 $2,327 $416,100 $115,000 $301,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112089

Outer Banks Association of REALTORS®

APN: 117B-000-0024-0000